The Concepts of Equilibrium Exchange Rate: A Survey of Literature

Reza Siregar

MPRA Paper from University Library of Munich, Germany

Abstract: The aim of this paper is to review and examine a collection of ‘most commonly applied’ theoretical and empirical models of equilibrium exchange rate. The presentation on each model starts with an introduction of core theoretical frameworks. It will then be followed by discussions on relevant empirical steps to estimate the equilibrium rate. The rest of the paper will focus on assessing the strengths and weaknesses of the model and how each relates to the other.

Keywords: Equilibrium; Exchange Rate Models; PPP; Monetary Model; BEER; DEER; FEER; PEER and NATREX (search for similar items in EconPapers)
JEL-codes: F31 F32 (search for similar items in EconPapers)
Date: 2011-02
New Economics Papers: this item is included in nep-cba and nep-mon
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (13)

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Related works:
Book: The Concepts of Equilibrium Exchange Rate: A Survey of Literature (2011)
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Persistent link: https://EconPapers.repec.org/RePEc:pra:mprapa:28987

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